table_specific

What was the net change in the number of Sonesta Simply Suites total outlets during the year 2022?

Sonesta_Simply_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

, and the appropriate state regulatory agencies.

OUTLETS AND FRANCHISEE INFORMATION

TABLE NO. 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS 2022 to 2024 1

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 74–79)

What This Means (2025 FDD)

According to Sonesta Simply Suites's 2025 Franchise Disclosure Document, the net change in the number of total outlets during 2022 was -3. This means that the total number of Sonesta Simply Suites locations decreased by three during that year. At the start of 2022, there were 65 total outlets, and by the end of the year, the number had dropped to 62.

Breaking down the changes in outlet types, the FDD indicates that franchised outlets increased by 11, while company-owned outlets decreased by 14 during 2022. This suggests a shift in the brand's strategy, possibly focusing more on franchising and less on direct company ownership.

A prospective franchisee should consider the implications of this net decrease and the shift from company-owned to franchised locations. It would be prudent to inquire with Sonesta Simply Suites about the reasons for the closures and the strategic rationale behind the increasing number of franchised locations to fully understand the current direction of the brand.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.